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1992 was the year the new smaller British 10 Pence coin was first issued, 1.413 billion of them.
Other than Uncirculated and Proof coin sets, there were no British 10 Pence coins minted from 1982 to 1991 inclusive.
The larger pre-1991 10 Pence coins were withdrawn from circulation and demonetised in 1993.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoDue to the expense of design and manufacture, the Royal Mint carefully considers the need for any individual coin to be introduced, or to remain as part of the currency.
In the early days of decimal currency, the Royal Mint only minted the coins that could be converted directly from their predecimal equivalents.
Without the 5 Pence coin you would need up to 9 Pennies or 4 Twopence coins to make change from 10 Pence, leaving you with a pocket full of many lower denomination coins.
The 5 Pence coin relieves the wear and tear on the Penny and 2 Pence coins.
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What UK coins were minted in 1992?
British general circulation coins minted in 1992 included -One pound50 Pence (now withdrawn)20 Pence10 Pence5 Pence2 Pence1 Penny
What is a British 1 Penny coin made from and is it magnetic?
No British coin is magnetic. Coins made from steel can be attracted to a magnet. From 1968 to 2011, the British 10 Pence coin was made from a copper-nickel alloy and therefore have no magnetic properties, copper and nickel both being non-ferrous metals. From late 2011, the British 10 Pence coin is made from nickel plated steel which has some magnetic properties similar to the 1 Penny and 2 Pence coins issued from 1992. The move towards coins made from steel is an effort by many countries to reduce the cost of manufacturing coins. Also, the coins are much more durable, even if the plating is not, and may extend the life expectancy of coins well beyond 50 years.
Is a copper coin magnetic?
No, copper is not magnetic. However, some coins that appear to be copper are in fact made of steel (which is magnetic), coated with a thin layer of copper. Examples of this include British 1 and 2 pence coins minted in or after 1992; South African 1 and 2 cent coins minted in or after 199; and Canadian 1 cent coins minted in or after 1997.
What year was the metal changed that they used to make 1 and 2 pence coins?
British copper plated steel 1 and 2 Pence coins were introduced in 1992.
What metals are in a 2 pence coin?
1p & 2p coins are made of copper-plated steel. 5p 20p & 50p coins are made of copper-nickel. £1 coins are made of brass. £2 are brass on the outer ring and nickel on the inner portion The coin was initially minted from bronze, but since 1992 it has been minted in copper-plated steel except for a few months in 1998 when bronze was used again. As copper-plated steel is less dense than bronze, post-1992 coins have been slightly thicker. The coin weighs 7.12 grams and has a diameter of 25.9 millimetres. The 2p coin is currently 93% mild-steel and 7% copper.
Why are coins up to 1991 magnetic?
No British coin is magnetic. Prior to 1992 all British coins were made from non-ferrous metals. The copper-plated steel 1 Penny and 2 Pence coins were first issued in 1992. The nickel-plated steel 5 Pence and 10 Pence coins were first issued in 2011. These are the only British coins in circulation that can be attracted to a magnet since steel is an alloy of iron, a ferrous metal.
Are Victorian coins of 1898 magnetic?
No. All British coins minted from the dark ages until 1991 were made from non-ferrous metals such as gold, silver, copper, nickel, tin or various alloys of those metals. 1992 saw the introduction by the Royal Mint of the copper plated steel Penny and Two Pence. Steel is an alloy of iron which is a ferrous metal and therefore can be attracted to a magnet. The only two genuine British coins that should stick to a magnet are the post 1991 Penny and Two Pence. The only exception to this is that some bronze Two Pence coins were minted in 1998.
What metals are in non magnetic 1 pence coins?
The non-magnetic pre-1992 'Bronze' Penny and Two Pence coins are made of copper, tin and zinc. British 1 Penny and 2 Pence coins were made from copper-plated steel from 1992 and can all be attracted to a magnet, although the coins themselves are not magnetic.
Which British coin was officially withdrawn in 1992?
There were no British coins withdrawn in 1992. The large pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991, along with the predecimal Shilling coins that they replaced at decimalisation. The large pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993, along with the predecimal Florin coins that they replaced at decimalisation.
Is my 2p worth anything?
Your 2p ("two pee") or two pence coin is worth...two pence in the United Kingdom (roughly about three U.S. cents). The two-pence coin was originally minted from bronze; however, since 1992 it has been minted from copper. One- and two-pence coins can be used in combination only up to 20 pence.
Is a 2010 British Girl Guiding 50 Pence coin rare?
The decimal New Half Penny and Half Penny coins were last issued for circulation in 1983 and were withdrawn from circulation and demonetised in December 1984. So, unless they are part of a Proof or Uncirculated mint set or are individual Proof or Uncirculated coins and in absolute mint condition, they have little or no value. They are neither rare nor valuable.
When did they start making 1 and 2 pence magnetic?
The lowest denominations of current UK coins will be attracted to a magnet. In the UK, copper-plated steel was used for 1 and 2 pence coins beginning in 1992, replacing their bronze predecessors. Steel, being an alloy of iron, can be attracted to a magnet. The 5 and 10 pence coins were changed to nickel-plated steel in 2011. These coins will also display magnetic properties. In 1998, some 1 and 2 pence coins were issued in bronze (not magnetic).
